President Park calls for strengthened protection of intellectual properties at the Invention Day anniversary event

31(Fri), May, 2013

President Park gives her commemorative speech at the Invention Day anniversary event.

President Park Geun-hye said her government plans to create an optimum environment so that creative aspirations and innovative determination can be well protected and in full blossom.

“Policy capability will be concentrated on creating a venture ecosystem with a virtuous cycle of start-ups and investments and losers being given a second chance,” Park said in her speech at the 48th Invention Day anniversary event at 63 City in Yeouido, Seoul, on May 15. She went on to say that good ideas can lead to start-ups and successful companies can yield returns earlier and reinvest the proceeds into launching new start-ups.

The government plans to strengthen the protection of technologies earned with difficulty and strenuous efforts and fully help domestic patent earners obtain patents from foreign countries, President Park said.

Commissioner Kim Young-min of the Korean Intellectual Property Office said in his speech, “Intellectual properties are core factors that will determine values of companies and states in the future, and we at the KIPO devote ourselves in boosting investors’ morale and inspiring their invention desires in the future.”

President Park Geun-hye, Minister of Trade, Industry and Energy Yoon Sang-jick, Chairman Kim Kwang-lim of the Korea Invention Promotion Association, and Commissioner Kim Young-min of the Korean Intellectual Property Office take a look at the exhibits on display at the Invention Day anniversary event on May 15.

Invention Day is an annual event designed to present awards to inventors recognized for their contribution to the strengthening of national competitiveness to enhance public awareness toward inventions and boost inventors’ morale, Chairman Kim Kwang-lim of the Korea Invention Promotion Association said.

Among some 600 people on hand at the anniversary event were President Park, Minister of Trade, Industry and Energy Yoon Sang-jick and Chairman Kim of the Korea Invention Promotion Association.

Seventy-nine people were awarded orders, presidential awards and other prizes in recognition of their contribution to the strengthening of national competitiveness.

The Order of Industrial Service, Gold Tower went to Shin Jong-kyun, president of Samsung Electronics’ information technology and mobile division, for his pivotal roles in spearheading the development of innovative smartphones and global mobile trends.

Kim Young-min of the Korean Intellectual Property Office participates in a

hand-printing event to celebrate Invention Day.

Lee Eui-young, president of Changsung ACE, and Kim Myung-shin, chief patent attorney of Myung-shin & Partners, each were awarded the Order of Industrial Service, Silver Tower. Lee has been credited with developing proprietary technologies related to fire prevention and contributing to enhancing national competitiveness. Kim has been praised for his contribution to spreading public awareness toward inventions by offering free patent consultations and implementing a free patent application system.

Kang In-byung, executive director of LG Display, was awarded the Order of Industrial Service, Tin Tower.

The coveted Inventor of the Year award went to Ahn Joon-ki, senior researcher at LG Electronics, in recognition of his innovative technology development and inventive activities contributing to the development of national industries.

Photos on courtesy of MCST and the Korea Invention Promotion Association